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The differences between vice presidents, strategy and heads of business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a vice president, strategy and a head of business development. Additionally, a vice president, strategy has an average salary of $164,392, which is higher than the $134,190 average annual salary of a head of business development.
The top three skills for a vice president, strategy include analytics, project management and healthcare. The most important skills for a head of business development are cloud, C++, and project management.
| Vice President, Strategy | Head Of Business Development | |
| Yearly salary | $164,392 | $134,190 |
| Hourly rate | $79.03 | $64.51 |
| Growth rate | 10% | 10% |
| Number of jobs | 60,332 | 158,539 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 63% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A vice president of strategy is responsible for delegating and reviewing market target research and assessing the areas that a company should focus on for further development. The position requires strong management and leadership skills to supervise a team of customer research specialists. Other essential skills that a vice president of strategy should possess to accomplish his/her or her responsibilities include knowledge of computer analytic software and data visualization and excellent communication skills. A four-year college degree is the minimum education requirement for the position.
A head of business development is responsible for monitoring the company's overall business operations and client transactions. Heads of business development coordinate with clients for their requirements and specifications and develop the team to handle the project management operations. They also handle the budget and resource allocations and ensure that the team meets the deadline and high-quality deliverables on time. Ahead of business development must be regularly updated with the current market trends to identify opportunities that would generate more revenue resources for the business.
Vice presidents, strategy and heads of business development have different pay scales, as shown below.
| Vice President, Strategy | Head Of Business Development | |
| Average salary | $164,392 | $134,190 |
| Salary range | Between $114,000 And $236,000 | Between $94,000 And $191,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | Alaska | Washington |
| Best paying company | Brandywine Realty Trust | Meta |
| Best paying industry | Insurance | Telecommunication |
There are a few differences between a vice president, strategy and a head of business development in terms of educational background:
| Vice President, Strategy | Head Of Business Development | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between vice presidents, strategy' and heads of business development' demographics:
| Vice President, Strategy | Head Of Business Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 73.6% Female, 26.4% | Male, 74.2% Female, 25.8% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |